Cheapest Places to Live in Canada 2023







Canada is a country that is always looking ahead and offers many job opportunities for immigrants who want a better life for themselves and their family. Canada's economy is big and growing quickly. It is a good place to live because it costs less in many parts of the country.

Cheapest Places to Live in Canada

We have created a list of the top places to live in Canada to help you get the best value for your money.

Remember that prices are different in different cities in Canada, and they can change because the economy depends on many different factors. We chose to concentrate on four standards to make it more specific.

  1. Monthly cost of living (single and family),
  2. House price,
  3. Apartment rent price and
  4. Food price (daily and monthly).

List of Affordable Cities To Live In Canada

  1. New Brunswick
  2. Charlottetown, Prince Edward Island
  3. Newfoundland and Labrador
  4. Quebec
  5. Nova Scotia
  6. Winnipeg, Manitoba

Below is an analysis of cheapest places to live in Canada as well as the jobs in high in the respective cities.

Average Costs Of Living In New Brunswick

*Family and Non-family Household

CategoryAverage cost (monthly costs without rent)
Family of four estimated monthly costs$4,256.38
A single person estimated monthly costs$1,182.82
Apartment rent price$741
House price$274,700
Daily recommended minimum amount of money for food per person$14.92
Monthly recommended minimum amount of money for food per person (assuming 31 days per month)$462.56

The Maritime province has many different kinds of people and is surrounded by rivers, mountains, pine forests, and a major attraction called the Bay of Fundy. Because of all these great things, it is one of the cheapest places to live in Canada. The city's economy relies on important industries like forestry, mining, fishing, tourism, and agriculture.

Read Also: How to Immigrate To Canada Without a Degree

Average Costs Of Living in Charlottetown, Prince Edward Island

*Family and Non-family Household

CategoryAverage cost (monthly costs without rent)
Family of four estimated monthly costs$4,578.81
A single person estimated monthly costs$1,278.18
Apartment rent price$817
House price$347,920
Daily recommended minimum amount of money for food per person$18.38
Monthly recommended minimum amount of money for food per person (assuming 31 days per month)$569.84

Charlottetown is a very affordable place to live in Canada because it has a low cost of living. The city has beautiful white sand beaches and green woodlands that show off its natural beauty. The economy is quite big, but the main things that make money are farming, fishing, and tourism. It is involved in many different industries like aerospace, biology, information technology, and renewable energy. You might want to try for some of these jobs in Canada.

High Demand Jobs In Prince Edward Island

Nurse aides, transport truck drivers, construction workers, laborers, and light duty cleaners are among the most in-demand vocations right now.

Average Costs Of Living in Newfoundland and Labrador

*Family and Non-family Household

CategoryAverage cost (monthly costs without rent)
Family of four estimated monthly costs$4,538.82
A single person estimated monthly costs$1,293.65
Apartment rent price$853
House price$323,000
Daily recommended minimum amount of money for food per person$15.23
Monthly recommended minimum amount of money for food per person (assuming 31 days per month)$472.26

The province’s economy is dependent on the production and processing of oil, minerals, seafood, and forest resources, among other things. However, cod fishing is currently the lifeblood of the province’s economy, despite a lack of agricultural development due to climate change.

High Demand Jobs In Newfoundland and Labrador

In terms of job openings, the city is looking for tradesmen, skilled professionals, research, health care, fishing, and agriculture.

Average Costs Of Living in Quebec

*family and non-family household

CategoryAverage cost (monthly costs without rent)
Family of four estimated monthly costs$4,091.37
A single person estimated monthly costs$1,105.48
Apartment rent price$845
House price$473,032
Daily recommended minimum amount of money for food per person$14.19
Monthly recommended minimum amount of money for food per person (assuming 31 days per month)$439.86

The city’s economy is based on services, natural resources, and a well-structured infrastructure that can accommodate a diverse economy. Manufacturing, electric power generation, mining, pulp and paper make up a large part of the city’s economy.

High Demand Jobs In Quebec

There are a lot of jobs in Quebec that need to be filled. They need people for engineering, sales and marketing, financial services, construction inspectors, and nurses, among other jobs, because there is a high demand for them.

Average Costs Of Living in Nova Scotia

*Family and Non-Family Household

CategoryAverage cost (monthly costs without rent)
Family of four estimated monthly costs$4,256.38
A single person estimated monthly costs$1,182.82
Apartment rent price$909
House price$375,828
Daily recommended minimum amount of money for food per person$14.89
Monthly recommended minimum amount of money for food per person (assuming 31 days per month)$461.56

High tides, lobsters, and fish are all famous in the Maritime provinces. While the city’s economy is heavily reliant on fishing, forestry, and mining, the tourist and agriculture industries also play a role.

High Demand Jobs In Nova Scotia

Data analysts, financial and investment analysts, information system analysts, and desk officers are currently in high demand in Nova Scotia.

Average Costs Of Living in Winnipeg, Manitoba

*Family and Non-family Household

CategoryAverage cost (monthly costs without rent)
Family of four estimated monthly costs$4,136.67
A single person estimated monthly costs$1,156.10
Apartment rent price$891
House price$334,256
Daily recommended minimum amount of money for food per person$14.04
Monthly recommended minimum amount of money for food per person (assuming 31 days per month)$435.28

Winnipeg, Manitoba has an amazing Museum for Human Rights. It also has a lively culture with music, theater, and dance performances. Because of this, it is considered one of the most affordable cities in Canada to live in. Farming, tourism, power, oil, digging, and wood are significant industries in the city.

Choosing A City That Works For You In Canada

If you want to move to another country, there are many things to think about. That's why we made a list of the cheapest places to live in Canada. You will have a clearer understanding of how much it costs to live by doing this. It will help you choose the right home for you and your family.

FAQs On Cheapest Places to Live in Canada

1. Where in Canada is the cheapest and finest place to live?

Canada, just like any other place, has houses that are both expensive and affordable. Canada has many different cities for you to choose from based on what you need and want to achieve. It is really important to do thorough research on the city that fits your needs and budget well.

2. Is it possible to live cheaply in Canada?

Canada offers a range of living options, some expensive and some more affordable, depending on your preferences. However, life in Canada is still cheaper when compared to New York or Washington, D. C Different cities in Canada offer different benefits. For example, some cities have affordable housing, others have excellent schools, and some have many job opportunities.

3. Does Alberta have a lower cost of living than Ontario?

Even though Alberta is cheaper to live in and has cheaper transportation, Ontario's ability to buy things is 25% less than Alberta's. Depending on your situation and what you want, Alberta also has lower taxes and cheaper places to stay.

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Cheapest Places to Live in Canada 2023 Cheapest Places to Live in Canada 2023 Reviewed by Lindakejiblog on July 31, 2023 Rating: 5

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